Dominion has signed a purchase and sale agreement for three merchant generation power stations with a subsidiary of funds controlled by Energy Capital Partners, a private equity firm with offices in New Jersey and California. The sale is expected to close in the second quarter of 2013. The power stations

Taylor Wessing, the international law firm, has advised Inflexion Private Equity Partners on the sale of Pims Group, the wastewater services company, to US buyer Xylem, a water technology company, for a headline price of USD57m. The transaction is the first instruction for the firm from new client Inflexion and

Arma Partners acted as the exclusive financial adviser to the shareholders of Arieso on its sale to JDS Uniphase Corporation (JDSU) for USD89m in cash. Headquartered in Newbury UK, Arieso brings mobile software expertise to JDSU to address the rapidly growing deployment of small cells and challenges associated with limited

Intervale Capital, an energy-focused private equity firm, has partnered with a management team to form Certus Energy Solutions. Certus is focused on providing premium oil country tubular goods (OCTG) and other downhole products, and is headquartered in Houston, Texas. Certus currently services customers in the Rocky Mountain and Mid-Continent regions

AXA Private Equity, a major shareholder in Fives, has supported the engineering group’s acquisition of MAG Americas, a supplier of high-performance machinery. MAG Americas is one of the leading global players in the production of complex machinery and composite processing. The acquisition will enable Fives to expand its product range

Kohlberg Kravis Roberts (KKR) is to acquire industrial machinery maker Gardner Denver in a transaction valued at approximately USD3.9bn, including the assumption of debt. Under the terms of the merger agreement, KKR will acquire all of the outstanding shares of Gardner Denver common stock for USD76 per share in cash.

Ogier has advised Avis Budget on the high yield bond financing for its USD500m acquisition of Zipcar.  Avis Budget and Zipcar currently anticipate that the transaction will be completed this week. Avis Budget Group is a provider of vehicle rental services through its Avis and Budget brands, with more than

Managed Pressure Operations (MPO), an oilfield services and technology company, has been acquired by Aker Solutions, a global oilfield services provider. MPO, a company that provides continuous circulation and managed pressure drilling (MPD) systems, was an NGP Energy Technology Partners portfolio company. NGP ETP, a private equity firm that manages